Employee benefits and pensions are discussed both when the employee is hired and when they leave the position (for whatever reasons). There are also laws that allow employees who lose their jobs to continue the health coverage they had with their employer while they look for new work.
Additionally, employers in Frankfort must deliver any benefits to the employee that were included in a contract when the employee started work. Sometimes benefits are paid directly by the employer, while other instances of benefits require voluntary contributions from the worker. Also note that there can be a required minimum amount of time spent working for the employer in order for the employee to receive benefits.
What Employee Benefits are Protected by Indiana law?
Under Indiana law, employers who provide employees with medical plans owe them specific legal duties. For example, they must disclose important health plan information, and employees must be provided with a fair process when reviewing their claims according to the plan. For employees who lost their jobs, there are some laws that allow them to continue the health care plan they had with their previous employer while they actively look for a new job.
Regarding pension programs, Frankfort employers owe their workers specific legal duties. First, the law requires the employer to deliver any benefits that were promised within the pension program. Furthermore, the employer must bear the risk on any investments which are made on behalf of a worker according to terms in a matched contribution arrangement.
How can a Frankfort, Indiana Pension and Benefits Attorney Help?
Frankfort, Indiana attorneys may help employers in implementing pension plans that comply with the applicable laws. They may also help workers who are having difficulties in obtaining the benefits of a given plan.